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He should replace Chase Carey.

Sant’Agata Bolognese, 10 September 2020 – Automobili Lamborghini has reached an important historical milestone with its V12 model: in nine years the Sant’Agata Bolognese factory has produced 10,000 Aventadors. The car with chassis number 10,000 is an Aventador SVJ Roadster in Grigio Acheso (grey) color with Rosso Mimir (red) livery and Ad Personam interior in Rosso Alala (red) and black. The car is destined for the Thai market. The Aventador range debuted in 2011 in the coupé version as Aventador LP 700-4. Thanks to the new technological solutions introduced, it immediately became a new point of reference in the world of super sports cars.  Its innovative carbon fiber monocoque produced in the Sant’Agata Bolognese factory is “single shell”: differently from other solutions, it combines the cockpit, floor and roof of the car in a single structure, ensuring extremely high structural rigidity and thus the maximum performance in terms of dynamic behavior and passive safety. A ...

Cause and Effect. Everything has consequences.  Even minor things can create big things. Just wait and see.  ...more at the link  No license “The facts show that Daimler and its supporters in the case aren’t willing to take a license,” the court said in a statement. The ruling potentially could allow Nokia to stop Daimler from selling vehicles in Germany, but doing so would require Nokia to post collateral of 7 billion euros ($8.3 billion) in a separate proceeding. Daimler said it didn’t expect Nokia to seek a sales ban. ‘Major endorsement’ “Today’s finding is a major endorsement of the long-term engineering work by innovators at Nokia and the important principle that innovators should receive a fair reward,” Jenni Lukander, president of Nokia Technologies, said in a statement. “We hope that Daimler will now accept its obligations and take a license on fair terms.” source  This is the official version. Yet something tells us we won't hea...

Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences SEOUL, August 10, 2020 – Hyundai Motor Company today announced the launch of its new IONIQ brand dedicated to battery electric vehicles, opening a new chapter as a leader in the era of electrified mobility. Under the IONIQ brand, Hyundai will offer customer centric EV experiences centered on connected lifestyle solutions in line with Hyundai’s vision of ‘Progress for Humanity’. Under the IONIQ brand, Hyundai Motor will leverage its industry-leading manufacturing know-how in EVs to introduce three new dedicated models over the next four years with more innovative models to follow. The creation of IONIQ brand is in response to fast-growing market demand and accelerates Hyundai’s plan to lead the global EV market. To fulfill IONIQ’s brand mission, Hyundai will combine its current EV capabilities – such as ultra-fast charging, spacious interior, and battery-supplied ...

Austin, Tx. (2,100-acre site in Travis County) The new Gigafactory location. No statues this time. Tesla will build largest Gigafactory and employ some 5,000 people. Tesla will pay them a minimum $15 an hour and offer health insurance, paid leave and other benefits. Tesla has committed to making a $1.1 billion investment in the area.

26 May 2020, Gaydon, UK: The Board of Aston Martin Lagonda Global Holdings plc announces today that, Dr Andy Palmer and the Board agreed that he would step down as President and Group Chief Executive. The Board announces the appointment of Tobias Moers, as Chief Executive Officer. Tobias, 54, will be appointed to the Board as an Executive Director and will take over from Dr Andy Palmer. He will be based at the Company’s headquarters in Gaydon, Warwickshire and will join on 1 August 2020. In the interim period Keith Stanton, currently Vice President and Chief Manufacturing Operations Officer, is appointed interim Chief Operating Officer to support the Executive Chairman, Lawrence Stroll. Tobias is a highly successful and experienced automotive professional having spent more than 25 years in senior roles at Daimler AG, the German-based global automotive OEM. He is currently Chairman of the Management Board and Chief Executive Officer of Mercedes-AMG GmbH, a position he has h...

12 MARCH 2020 AUTOMOBILI LAMBORGHINI INTENSIFIES MEASURES TAKEN AGAINST THE CORONAVIRUS PANDEMIC IN SUPPORT OF NEW GOVERNMENT DIRECTIVES, CLOSING ITS PREMISES IN SANT’AGATA BOLOGNESE UNTIL 25 MARCH 2020 Closure of the factory in Sant’Agata Bolognese from 13 to 25 March 2020 Stefano Domenicali: “This is an act of social responsibility and high sensibility towards our people, in the extraordinary situation in which we find ourselves in Italy, and which is also evolving abroad.” Automobili Lamborghini has intensified measures taken against Coronavirus in support of new government directives, closing its premises from 13 March until 25 March 2020. Stefano Domenicali, Chairman and Chief Executive Officer of Automobili Lamborghini comments: “This measure is an act of social responsibility and high sensibility towards our people, in the extraordinary situation in which we find ourselves right now in Italy and which is also evolving abroad due to the worldwide spread of Corona...

Announcement With a heavy heart, Holden announced today that General Motors will be retiring the Holden brand in Australia and New Zealand. This announcement will be felt deeply by the entire Holden family, our customers and our fans. We will immediately begin working with our dealer partners across Australia and New Zealand to implement an orderly transition, including support for our existing customers. Holden will continue to support customers in the following ways: Honour all existing warranties and guarantees Honour all free scheduled servicing offers Ongoing call centre support Provide servicing and spare parts for at least 10 years, through national aftersales networks in Australia and New Zealand Recalls or safety-related issues if they arise GM has taken this difficult decision after an exhaustive analysis of the investment required for Holden to be competitive for the long term in Australia's and New Zealand's new car markets. Regrettably, t...

DETROIT — General Motors Co. (NYSE: GM) today announced the filing of a federal racketeering lawsuit against FCA (FCA US LLC and Fiat Chrysler Automobiles NV) and former FCA executives who have pled guilty in an ongoing federal corruption probe. The lawsuit exposes a multi-year pattern of corruption that FCA used to undermine the integrity of the collective bargaining process and cause GM substantial damages. At the core of this lawsuit are clear admissions of wrongdoing made by former FCA executives revealed through the continuing criminal investigation by the U.S. Attorney’s Office in the Eastern District of Michigan. “This lawsuit is intended to hold FCA accountable for the harm its actions have caused our company and to ensure a level playing field going forward,” said Craig Glidden, GM Executive Vice President and General Counsel. FCA was the clear sponsor of pervasive wrongdoing, paying millions of dollars in bribes to obtain benefits, concessions, and advantages in ...

Discussions have opened a path to the creation of a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. In a rapidly changing environment, with new challenges in connected, electrified, shared and autonomous mobility, the combined entity would leverage its strong global R&D footprint and ecosystem to foster innovation and meet these challenges with speed and capital efficiency. The combination would create the 4th largest global OEM in terms of annual unit sales (8.7m vehicles) At its inception, the combined company would realize among the highest margins in the markets where it would operate, based on FCA’s strength in North America and Latin America and Groupe PSA’s in Europe The combination would unite the groups’ respective brand strengths across Luxury, Premium, Mainstream Passenger Car, SUV and Trucks & Light Commercial – making them stronger together The merged entity would bring together the companies’ ext...

OCTOBER 30, 2019 , LONDON, UK - Following recent reports on a possible business combination between Groupe PSA and FCA Group, Fiat Chrysler Automobiles N.V. (“FCA”, NYSE: FCAU /MTA: FCA), confirms there are ongoing discussions aimed at creating one of the world‘s leading mobility Groups. FCA has nothing further to add at this time.